Feinan resources: completed the absorption and merger of its wholly-owned subsidiary Sihui Shengnan.

Fei Nan Resources announced that the company passed the resolutions to absorb and merge its wholly-owned subsidiary Si Hui Sheng Nan on April 24, 2026, and May 18, 2026, respectively. Recently, the company obtained the "Notice of Merger and Split Registration" issued by the Zhaoqing Market Supervision and Administration Bureau, and the relevant industrial and commercial procedures for the absorption and merger have been completed. After the absorption and merger, all assets, rights and debts of Si Hui Sheng Nan will be legally inherited by the company. This absorption and merger will help optimize management structure, reduce costs, and increase efficiency, without any substantial impact on the company's business and finances.